National Steel Fabrication, a subsidiary of Orascom Construction (OC), has signed a $20m contract to manufacture and supply structural steel for the West Nile Delta gas development project, Daily News Egypt reported.
“We [OC] are also pleased to receive a large order to fabricate and supply the steel structure for an important gas development in Egypt, and look forward to further participating in this sector through our construction group and NSF,” Osama Bishai, CEO at Orascom Construction, said, as reported by The National.
The West Nile Delta project is a $12b scheme for the extraction of 5tcf of gas and 55m barrels of condensate. Gas production at the site is expected to begin next year. It is being overseen by the UK-based oil and gas group BP, which said that it would produce about 1.2bcf/d, an equivalent to 25% of Egypt’s total gas production. BP increased its stake in the project to 82.75% in December.